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Stock impact report

Orion To Offer Tax Overlay for Household Investment Management [Yahoo! Finance]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: Yahoo! Finance
Orion is close to launching a new tax overlay technology that can address tax hazards or opportunities across households. The wealthtech provider highlighted the effort at its annual Orion Ascent conference in San Diego on Thursday, stressing the need advisors have to offer “personalized, household-level guidance for clients.” The new offering, part of Orion's “unified managed household” strategy roadmap, will enable tax-efficient trading on its platform that goes beyond its current custom indexing and trading tools.  “UMH helps advisors provide more personalized advice focused on after-tax outcomes, and greater confidence that every decision supports a family's long-term goals,” said Ron Pruitt, Orion's president of wealth management. Orion's proprietary setup will use AI-generated custodian statement analysis, along with AI-generated proposals with tax overlays. It will also work across both taxable and non-taxable accounts.  Pruitt said on the sidelines of the conference Show less Read more
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